Equities

Rane (Madras) Ltd

Rane (Madras) Ltd

Actions
Consumer DiscretionaryAutomobiles and Parts
  • Price (INR)834.15
  • Today's Change10.65 / 1.29%
  • Shares traded17.12k
  • 1 Year change+48.96%
  • Beta1.4283
Data delayed at least 15 minutes, as of May 17 2024 11:18 BST.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

Rane (Madras) Limited is a manufacturer and supplier for global automotive companies. It manufactures steering and suspension systems, friction materials, valve train components, occupant safety systems, light metal casting products and provides connected mobility solutions. It has two divisions, namely Steering and Linkages Division (SLD) and Light Metal Casting India Division (LMCI). SLD manufactures mechanical steering gears, hydrostatic steering systems and steering and suspension linkage products. LMCI manufactures low porosity, light metal casting, such as steering housings and engine case covers. It manufactures high pressure light metal casting components from its facility in Kentucky, United States. Its products serve a variety of industry segments, including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways, and stationary engines. It has manufacturing facilities at Tamil Nadu, Puducherry, Karnataka, Uttarakhand, and Telangana.

  • Revenue in INR (TTM)22.39bn
  • Net income in INR30.20m
  • Incorporated2004
  • Employees1.17k
More ▼

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
RML:NSI since
announced
Transaction
value
Rane Brake Lining LtdAnnounced09 Feb 202409 Feb 2024Announced15.69%35.31m
Rane Engine Valves LtdAnnounced09 Feb 202409 Feb 2024Announced15.69%11.82m
Data delayed at least 15 minutes, as of May 17 2024 11:18 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
NDR Auto Components Ltd5.56bn370.69m9.65bn148.0026.04--18.911.7431.1631.16467.18--------37,552,340.00--------22.88--6.67----------68.90--88.81------
Jay Bharat Maruti Ltd22.92bn322.12m11.81bn1.04k36.652.1910.130.51532.982.98211.7349.761.617.5922.14--2.262.373.943.8222.1919.431.411.550.24232.140.449718.78-2.222.83-15.02-9.15-5.496.96
India Motor Parts & Accessories Ltd7.32bn795.20m12.36bn854.0015.54--15.331.6963.7263.72586.90--------8,576,581.00--4.36--4.6216.5016.3010.869.46--51.69--30.7912.368.6723.6919.101.5426.76
Rane (Madras) Ltd22.39bn30.20m13.39bn1.17k442.745.2314.240.59831.861.861,376.86157.371.655.695.90--0.2222-1.110.5608-2.6937.1135.640.1349-0.70890.56330.97370.7336---4.917.57-89.944.5317.47--
Automotive Stampings and Assemblies Ltd8.80bn201.70m13.64bn437.0067.63--37.371.5512.7112.71554.73-4.653.4511.6015.09--7.903.3162.17--22.4720.842.291.130.40782.271.08--6.2912.82142.27---3.37--
Wheels India Ltd49.58bn485.30m14.14bn2.41k28.92--11.270.285120.0020.002,036.02--------20,545,750.00--1.97--4.6926.9125.330.88711.35--1.38--25.1217.2612.25-24.06-5.015.91-1.46
India Nippon Electricals Ltd6.86bn531.00m15.01bn664.0028.28--22.012.1923.4623.46303.23--------10,336,900.00--8.79--10.8526.9328.277.749.27--104.60--34.9215.897.07-4.01-0.63767.5521.45
Igarashi Motors India Ltd.6.93bn120.70m16.30bn669.00135.09--26.732.353.833.83219.60--------10,364,280.00--3.43--4.9433.7434.841.744.14--1.81--22.6817.94-0.4497340.14-44.02-19.74-29.73
GNA Axles Ltd15.19bn1.17bn17.29bn1.42k14.75--10.181.1427.3027.30353.79--------10,689,610.00--9.01--14.4533.9829.227.727.31--15.82--9.8624.5918.7646.7020.69-1.4743.10
Rico Auto Industries Ltd22.09bn447.10m18.21bn2.44k40.84--10.860.82443.303.30163.11--------9,052,418.00--1.62--2.8729.8830.052.111.49--1.75--27.0723.7113.37106.62-3.2515.55-1.28
Talbros Automotive Components Ltd7.51bn770.76m18.52bn610.0024.01--18.322.4712.5012.50121.69--------12,303,880.00--6.76--13.2344.9335.4810.277.02------5.7512.3110.1423.8219.419.5314.87
Data as of May 17 2024. Currency figures normalised to Rane (Madras) Ltd's reporting currency: Indian Rupee INR

Institutional shareholders

0.47%Per cent of shares held by top holders
HolderShares% Held
quant Money Managers Ltd.as of 30 Apr 202476.84k0.47%
Data from 30 Apr 2024 - 30 Apr 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.